Maximize cash flow to
sustain growth
Sell your accounts receivable. Get paid faster. Say goodbye to the risk of non-payment.
Initial set-up as
quick as 7 business days
Factoring fee
as low as PRIME + 6%
Funding within
24 hours
Facilities from
$500k up to $10 million
Faster payments and top-quality service to scale your business
Industry experience
We’ve spent more than 19 years working with Latin-American exporters in Food, Manufacturing & Retail sectors.
We’ll be your credit department
We’ll run credit checks of your buyers and insure your accounts receivable.
Above and beyond service
You get a dedicated account executive to manage all of your funding and collections.
How does it work?
1.
Apply online, call us, or have us call you
2.
We’ll check your buyer’s credit. You’ll grow at the speed of your sales, not your financial capacity
3.
Submit your invoices
4.
Receive up to 90%
How our clients feel about us
AC
International Commerce
International Commerce
Excellent company, straight forward and honest
MT
International distribution of meat
International distribution of meat
A great company. Works to understand your business and your needs. Works with you as a part of your company rather than solely a Client-Vendor relationship. Fast funding and always available to help with the business needs. I would highly recommend working with them.
GG
Frozen Vegetable Importer
Frozen Vegetable Importer
GG's performance has been growing by more than 40% every year ever since we established the partnership with Summar in 2017; the key factor in the growth was the cash flow. And this is what we are pleased with Summar. The growth in 2022 is expected to exceed 100% compared with that in 2021, with the cash flow assistance provided by Summar. We believe that a small business that wants significant and impressive growth will need to work with a financial partner like Summar.
C Corp
Frozen Seafood Importer
Frozen Seafood Importer
We are very pleased with our several years of experience with Summar Financial. Always willing to help and understand our needs. Each staff member does what they must to ensure that each transaction is processed quickly and smoothly. Thank you, team Summar!
TFB SAS
Colombian food exporter
Colombian food exporter
My name is Walther; since 2011, I have been the legal representative of a company in the agribusiness sector. With my wife Catalina and a great professional and human team, we have consolidated ourselves in the market, exporting to several countries worldwide. During this time, we have obtained responsible and constant growth in our sales; this achievement has had Summar's fundamental professional and financial support.
When is the right time to consider factoring?
High growth opportunity
Your sales are growing faster than your cash flow.
Clients with extended payment terms
High sales concentration with few customers
Exclusive services for our clients
With purchase order financing and inventory financing, you’ll be able to deliver more, seize bigger opportunities and larger orders, and grow your business faster.
Inventory finance
Leverage your inventory to improve your cash flow
Purchase order finance
Secure your production without compromising your capital
Fee as low as
PRIME + 6%
Up to 70%
of your inventory/PO
Up to 30%
of the outstanding factoring line
Meet our team
Iván Monsalve
Account Executive
Andrés Chávez
Client & Credit Coordinator
Jennifer Casas
Operations Director
Ricardo Rojas
Credit Analyst
Mauricio Arango
Senior Business Development Executive
Luis Mondragón
Vice President of Sales
María Fernanda Cortes
Account Executive
Marcela Ramos
Account Executive
Martín Ríos
Account Executive
Want to learn more about us?
Send us your contact information, and we’ll get in touch with you in one business day or less.
